Baku. TurkicWorld;
Oil prices saw a decline last week, TurkicWorld reports.
The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Gunashli field in Azerbaijan, decreased by $1.11 (1.34 percent) compared to last week and amounted to $81.72 per barrel. The maximum price during the period reached $83.38 per barrel, while the minimum price reached $79.73 per barrel.
The average price of Azeri Light crude oil FOB at Türkiye's Ceyhan port averaged $80.52 per barrel this week, which is $1.05, or 1.29 percent, less than last week. The maximum price was $82.22 per barrel, and the minimum was $78.48 per barrel.
The URALS crude oil price averaged $0.69 (1.02 percent) lower than last week at $66.67 per barrel. The maximum price for URALS reached $68.5 per barrel, and the minimum price reached $64.41 per barrel.
The benchmark Dated Brent crude oil average price decreased by $1.19 (1.48 percent) to $79.12 per barrel. The maximum price for Dated Brent reached $81.62 per barrel, and the minimum was $76.28 per barrel.
Oil grade/date |
5.8.2024 |
6.8.2024 |
7.8.2024 |
8.8.2024 |
9.8.2024 |
Average price |
Azeri LT CIF |
$79.73 |
$79.83 |
$82.84 |
$84.84 |
$83.38 |
$81.78 |
Azeri Light FOB Ceyhan |
$78.48 |
$78.59 |
$81.66 |
$81.67 |
$82.22 |
$80.52 |
Urals (EX NOVO) |
$64.41 |
$64.66 |
$67.85 |
$67.95 |
$68.50 |
$66.67 |
Dated Brent |
$76.70 |
$76.28 |
$79.91 |
$81.10 |
$81.62 |
$79.12 |